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Elon Musk offers to buy Twitter
by 8DonCo Thu Apr 14, 2022 8:49 am
Elon Musk has made an offer to buy Twitter (TWTR) and take it private, saying he believes it needs to be "transformed."
According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the company at $43.4 billion. That represents a 38% premium over the closing price on April 1, the last trading day before Musk disclosed that he had become Twitter's biggest shareholder, and an 18% premium over its closing price Wednesday.
Musk said the cash offer was his "best and final offer," according to the SEC filing, adding that if it's not accepted he would have to reconsider his position as a shareholder.
The Tesla CEO sent an offer letter to the company Wednesday night, according to the filing.
"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy," he said in a letter he sent to Twitter. "However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company."
The letter was addressed to Bret Taylor, the chair of the Twitter board, not CEO Parag Agrawal, who assumed that title last fall. It concludes: "Twitter has extraordinary potential. I will unlock it."
According to an SEC filing, Musk has offered to acquire all the shares in Twitter he does not own for $54.20 per share, valuing the company at $43.4 billion. That represents a 38% premium over the closing price on April 1, the last trading day before Musk disclosed that he had become Twitter's biggest shareholder, and an 18% premium over its closing price Wednesday.
Musk said the cash offer was his "best and final offer," according to the SEC filing, adding that if it's not accepted he would have to reconsider his position as a shareholder.
The Tesla CEO sent an offer letter to the company Wednesday night, according to the filing.
"I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy," he said in a letter he sent to Twitter. "However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company."
The letter was addressed to Bret Taylor, the chair of the Twitter board, not CEO Parag Agrawal, who assumed that title last fall. It concludes: "Twitter has extraordinary potential. I will unlock it."
_________________
8DonCo
Re: Elon Musk offers to buy Twitter
by TuTu Thu Apr 14, 2022 10:11 am
Cha Elon nay` gia^u` qua' ....gio+` dau ma` ong? lam` du? thu+' chuyen luon .
TuTu
Re: Elon Musk offers to buy Twitter
by Rice Thu Apr 14, 2022 10:29 am
TT, mấy người giỏi họ đi chợ vẫn làm việc được em 
Rice
Re: Elon Musk offers to buy Twitter
by 8DonCo Thu Apr 14, 2022 10:39 am
Elon mới mua 9% cổ phần nằm trong board đuợc 1 tuần rồi rút lui chắc bất đồng ý kiên nên tính mua hết luôn thành private company, he does whatever he wants
_________________
8DonCo
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